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Something not really mentioned here is that many of Telsa's investors aren't in it necessarily because of what the financial statements show. They're pouring mo
by deedubaya 9y ago
Something not really mentioned here is that many of Telsa's investors aren't in it necessarily because of what the financial statements show. They're pouring money into a company they fundamentally believe in -- into a movement which they feel obligated to contribute to.
The stock price is probably overvalued by the books, but for humans desperate to embrace a company who's making an attempt to make a better, cleaner world, there likely isn't a value too high. Ecological returns > monetary returns?
- jayd16 9y agoKickstarter style investing?
- hinkley 9y agoTypical argument on the Internet: Well, I like the status quo. If you don't like it, vote with your wallet and quit complaining. <six months later> Hey, everybody, look at the stupid people voting with their wallets!
- Qub3d 9y agoQuoth A. Gary Shilling: The market can remain irrational longer than you can remain solvent. TSLA is simply not responding to the market like most stocks in its sector do. That can screw with any model based on previous data, which is really the best we can do.